BG5150 Posted May 1, 2014 Posted May 1, 2014 If I transfer, say $20,000 to a Qualified Replacement Plan, I understand that I need to allocate not only the $20k, but also the earnings to the participants (within 7 years). However, do I HAVE to allow the QRP suspense account to accrue earnings? Can it just sit in a cash position like a forfeiture account? QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
jpod Posted May 2, 2014 Posted May 2, 2014 Are there ERISA fiduciary duty breach issues associated with not investing those funds (or forfeiture funds)? david rigby 1
BG5150 Posted May 2, 2014 Author Posted May 2, 2014 Are there ERISA fiduciary duty breach issues associated with not investing those funds (or forfeiture funds)? Got me. QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
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